The Federal Reserve Banks have 12 information security control deficiencies that must be improved, according to a new report from the U.S. Government Accountability Office (GAO).
On Monday, June 16, the GAO issued its annual audit report in connection with its requirement to audit the financial statements of the...
The Federal Deposit Insurance Corporation (FDIC) has made progress with its internal security controls, but still needs to make significant improvements to its security management practices.
This is the key finding of a recent report issued by the Government Accountability Office (GAO) in an audit of the banking...
Mergers and acquisitions are a way of life for financial institutions, and so many pertinent business issues bubble up whenever an M&A is discussed.
But when does information security enter the discussion?
Not early enough, says Nalneesh Gaur of Diamond Management & Technology Consultants. In this interview,...
During March 2006, Mexican banking authorities established the use of a second factor authentication based on "dynamically generated information" -- in addition to username and password -- as a requirement for doing monetary operations through e-banking systems. This regulation allowed the use of one-time access code...
Information Security Media Group recently attended the Gartner IT Security Summit 2008 in Washington, D.C. where the theme of the conference was information security 5-10 years from now. We interviewed vendors on the floor of the expo hall and heard about solutions focusing on topics ranging from application security...
Interview with Nalneesh Gaur, Chief Information Security Architect, Diamond Management & Technology Consultants
Mergers and acquisitions are a way of life for financial institutions, and so many pertinent business issues bubble up whenever an M&A is discussed.
But when does information security enter the...
Do you know what privileged users are doing on your IBM AS/400 (System i) servers?
Many banks running banking applications such as FiServ or Jack Henry store their most critical data on AS/400 servers. One of the most common security lapses uncovered in System i and AS/400 audits is too many people with access to...
At A Time When Preserving Customer Trust Is Critical, Financial Institutions Bank On Technology Solutions
The credit crisis and security threats have pushed financial institutions to step up their efforts to secure personal data and ensure their customers' trust.
Download this white paper for case studies of...
Interview with David Jevans, Director, Anti-Phishing Working Group
Phishing, vishing, whaling - there are a growing number of electronic social engineering threats to unsuspecting consumers and their identities. Financial institutions and their customers increasingly are targets of these attacks. But they're also...
LendingTree, Societe Generale, TD Ameritrade. These are just a few of the most recent high profile examples of fraud and theft perpetrated by trusted insiders - and its costing these organizations billions of dollars. How is this happening?
Do you have more employees than active accounts?
Do you know who is...
Learn about the latest findings on the impact of identity fraud on your financial institution and your customers:
Why banking customers are shying away from the online banking channel
How stolen identities are used to defraud your customers and damage your brand
Which banking channels are most vulnerable to...
Risk management and the insider threat.
These are the two dominant themes emerging from the conversations and presentations at the RSA Conference in San Francisco this week.
From the keynote stage to the expo floor, with stops in between at the program sessions, information security experts, vendors and...
Bank of America is well known for its mobile banking services. Currently, the institution has 750,000 mobile banking customers receiving services on 400 different kinds of devices.
But did you realize that one of the ways BoA secures its electronic offerings is by providing its customers with abuse reporting...
Interviews Shed Light on Topics of Unique Interest to Banking/Security Executives
The annual RSA Conference is a showplace for the who's who of security solutions vendors. The event showroom is lined with scores of the industry's leading vendors - no one individual could hope to see them all.
So, the Information...
In stepping up the fight against cyber crime, Michael Chertoff, Secretary of the US Department of Homeland Security (DHS), has a simple request: Send some of your best & brightest employees to help the government's efforts.
"We want your ideas, insights and I daresay your employees," Chertoff told the crowd in a...
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.com, you agree to our use of cookies.
